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Gloom deepens as G20 leaders head for summit
 
HONG KONG (Reuters) - G20 leaders headed to Washington on Friday for a summit aimed at seeking solutions to the world's biggest financial crisis in decades and will be reminded of the deepening economic gloom by a report expected to show the euro zone has slipped into recession.
U.S. pitches free markets ahead of G20 summit
 
WASHINGTON (Reuters) - As world leaders headed to Washington for a weekend summit on the global financial crisis, the United States made a pitch for modest reforms instead of the stiffer regulation that some European countries favor.
U.S. missile attack kills at least 12 in Pakistan
 
MIRANSHAH, Pakistan (Reuters) - U.S. drones fired missiles into a Pakistani tribal region on Friday, killing 12 people, including five foreigners, in an area known as a stronghold of Pakistani Taliban commander Baitullah Mehsud.
Obama likely to push courts away from right
 
WASHINGTON (Reuters) - President-elect Barack Obama will have a chance to appoint dozens of sympathetic judges to U.S. federal courts over the next four years, reversing the judiciary's shift to the right under President George W. Bush.
Pakistan officials: missiles kill 9 in northwest
 
AP - Pakistani intelligence officials say a suspected U.S. missile strike has killed at least nine people in a village near the Afghan border.
October retail sales expected to be weak
 
AP - Consumers, the backbone of the economy, are taking a beating from the worst economic crisis in seven decades and there is little prospect of that letting up soon.
Gov't begins new budget year with record $237.2B deficit
 
AP - The federal government began the new budget year with a record deficit of $237.2 billion, reflecting the billions of dollars the government has started to pay out to rescue the financial system.
Juanes at Latin Grammys: Sweep, top honors, record
 
AP - On a night when the theme of change and cultural fusion echoed in lyrics, performances and acceptance speeches, a Colombian rocker who's become a voice for social issues walked away as king of the Latin Grammys.
Feely's field goal in OT gives Jets win over Pats
 
AP - The New York Jets stand alone atop the tight AFC East standings — barely.
Gloom deepens as G20 leaders head for summit
 
Reuters - G20 leaders headed to Washington on Friday for a summit aimed at seeking solutions to the world's biggest financial crisis in decades and will be reminded of the deepening economic gloom by a report expected to show the euro zone has slipped into recession.
U.S. pitches free markets ahead of G20 summit
 
Reuters - As world leaders headed to Washington for a weekend summit on the global financial crisis, the United States made a pitch for modest reforms instead of the stiffer regulation that some European countries favor.
U.S. missile attack kills at least 12 in Pakistan
 
Reuters - U.S. drones fired missiles into a Pakistani tribal region on Friday, killing 12 people, including five foreigners, in an area known as a stronghold of Pakistani Taliban commander Baitullah Mehsud.
Obama likely to push courts away from right
 
Reuters - President-elect Barack Obama will have a chance to appoint dozens of sympathetic judges to U.S. federal courts over the next four years, reversing the judiciary's shift to the right under President George W. Bush.
Ten killed in missile strike on Pakistan: officials
 
AFP - A missile strike by a suspected US drone killed at least 10 Islamist militants in a Pakistani tribal region known as a hub of Al-Qaeda and Taliban rebels, security officials said Friday.
Missiles hit Pakistani Taliban stronghold, killing 12
 
MIRANSHAH, Pakistan (Reuters) - Suspected U.S. drones fired missiles into a Pakistani tribal region on Friday, killing 12 people, including five foreigners, in an area known as a stronghold of Pakistani Taliban commander Baitullah Mehsud.
Pakistan officials: missiles kill 12 in northwest
 
AP - A suspected U.S. missile strike killed at least 12 people in a village near the Afghan border on Friday, including several suspected foreign militants, Pakistani officials said.
Big Three carmakers line up for another bailout
 
AP - All aboard, there may be another bailout train leaving the station on Capitol Hill. Talk of a $25 billion emergency loan package for the Big Three carmakers that could see a vote in a postelection session of Congress next week has a wave of business lobbyists clamoring for action — and a slice of the pie.
Official: Wildfire destroys 70 homes in SoCal town
 
AP - An official in Santa Barbara County, Calif., says a brush fire has destroyed about 70 homes in the upscale community of Montecito.
Report: Illegal immigrant minors mistreated by US
 
AP - Federal authorities have compromised the rights and safety of some unaccompanied illegal immigrant children they have detained, and inadequate government guidelines are partly to blame, according to a Texas-based research group.
Missiles hit Pakistani Taliban stronghold, killing 12
 
Reuters - Suspected U.S. drones fired missiles into a Pakistani tribal region on Friday, killing 12 people, including five foreigners, in an area known as a stronghold of Pakistani Taliban commander Baitullah Mehsud.
Suspected US missile strike kills 10 in Pakistan: officials
 
AFP - A suspected US missile strike killed at least 10 Islamist militants in a Pakistani tribal region known as a hub of Al-Qaeda and Taliban rebels, security officials said Friday.
Bin Laden is isolated, Qaeda resilient: CIA chief
 
AFP - Osama bin Laden, deeply isolated and likely near the rugged Afghanistan-Pakistan border, has been forced to devote much of his energy to his own security while his Al-Qaeda terror network remains resilient, CIA Director Michael Hayden said Thursday.
Euro zone in recession, leaders head for summit
 
LONDON (Reuters) - Recession has struck much of Europe, data showed on Friday, confirming a widespread economic downturn that world leaders hope to tackle at a weekend summit in Washington.
Insurers pull cover from GM, Ford suppliers: report
 
LONDON (Reuters) - Three big European credit insurers have removed cover from suppliers of troubled U.S. carmakers General Motors Corp and Ford Motor Co, the Financial Times reported on Friday.
U.S. missiles hit Pakistani Taliban, 12 dead
 
MIRANSHAH, Pakistan (Reuters) - Suspected U.S. drones fired missiles into a Pakistani tribal region on Friday, killing 12 people, including five foreigners, in an area known as a stronghold of Pakistani Taliban commander Baitullah Mehsud.
Hamas fires heavier rockets at Israel
 
GAZA (Reuters) - Hamas Islamists fired their longest-range rockets at a southern Israeli city Friday after an Israeli air force attack on their Gaza stronghold, in the 11th day of skirmishes threatening a five-month-old truce.
North Korea lashes out at South
 
PYONGYANG (Reuters) - North Korea accused Seoul on Friday of intentionally dragging ties on the unstable peninsula to a new low, with a former South Korean leader saying relations may now stand on the brink of reconciliation or catastrophe.
Fire destroys some 70 homes, hurts 4 in SoCal town
 
AP - An explosive wildfire destroyed about 70 homes in the ritzy community of Montecito, injured four people and forced thousands to flee wind-whipped flames in the longtime hideaway for celebrities such as Oprah Winfrey and Rob Lowe.
Images captured of 4 planets outside solar system
 
AP - Earth seems to have its first fuzzy photos of alien planets outside our solar system, images captured by two teams of astronomers. The pictures show four likely planets that appear as specks of white, nearly indecipherable except to the most eagle-eyed experts. All are trillions of miles away — three of them orbiting the same star, and the fourth circling a different star.
Colombian rocker Juanes wins 5 Latin Grammy awards
 
AP - On a night when the theme of change and cultural fusion echoed in lyrics, performances and acceptance speeches, a Colombian rocker who's become a voice for social issues walked away as king of the Latin Grammys.
Euro zone in recession as leaders head for summit
 
Reuters - Recession has hit much of Europe, data showed on Friday, confirming a widespread economic downturn that world leaders hope to tackle at a weekend summit in Washington.
Insurers pull cover from GM, Ford suppliers: report
 
Reuters - Three big European credit insurers have removed cover from suppliers of troubled U.S. carmakers General Motors Corp and Ford Motor Co, the Financial Times reported on Friday.
U.S. missiles hit Pakistani Taliban, 12 dead
 
Reuters - Suspected U.S. drones fired missiles into a Pakistani tribal region on Friday, killing 12 people, including five foreigners, in an area known as a stronghold of Pakistani Taliban commander Baitullah Mehsud.
Hamas fires heavier rockets at Israel
 
Reuters - Hamas Islamists fired their longest-range rockets at a southern Israeli city Friday after an Israeli air force attack on their Gaza stronghold, in the 11th day of skirmishes threatening a five-month-old truce.
North Korea lashes out at South
 
Reuters - North Korea accused Seoul on Friday of intentionally dragging ties on the unstable peninsula to a new low, with a former South Korean leader saying relations may now stand on the brink of reconciliation or catastrophe.
World leaders gather for crisis summit
 
AFP - World leaders are heading to Washington on Friday to craft a joint strategy to tackle the worst financial crisis in decades and thwart a deep global recession.
Eurozone sinks into recession
 
AFP - The economy of the 15 nations sharing the euro has slumped into recession for the first time ever, EU data released Friday revealed, with GDP falling 0.2 percent in the second and third quarters.
World leaders head for summit, euro zone in recession
 
LONDON (Reuters) - World leaders headed to Washington on Friday to try to find ways to tackle a global economic crisis that has plunged much of Europe into its first recession since the euro currency was formed.
Auto bankruptcy protection won't work: report
 
(Reuters) - A Chapter 11 restructuring bid by one of the three top U.S. automakers is unlikely to succeed due to the damaged economy and frozen credit markets, and may even result in the company folding, billionaire investor Wilbur Ross told Bloomberg in an interview.
Wildfire devastates celebrity enclave near L.A.
 
LOS ANGELES (Reuters) - A huge wildfire fanned by strong winds destroyed at least 70 multimillion-dollar homes in the celebrity enclave of Montecito, northwest of Los Angeles, officials said.
U.S. wants to expand visa-free entry
 
BRUSSELS (Reuters) - The United States wants to increase the number of countries enjoying visa-free entry after opening the door to citizens from six new European Union countries and South Korea, U.S. officials said Friday.
EU, Russia seek to put ties back on track
 
NICE, France (Reuters) - European and Russian leaders sought common ground on Friday on tackling the global financial crisis despite divisions over Georgia and European concerns about security and energy supplies from Russia.
Police: Japanese man wounded in northwest Pakistan
 
AP - A Japanese journalist was shot Friday in the frontier city of Peshawar — the third attack on a foreigner there in three days, and missiles apparently fired by U.S. unmanned aircraft near the Afghan border killed at least 12 people, including several foreign militants, Pakistani officials said.
Fire destroys 80 homes, injures 4 in SoCal town
 
AP - Firefighters were racing early Friday to push back a wind-whipped wildfire that destroyed about 80 homes and a college dormitory, injured four people and forced thousands to flee the longtime celebrity hideaway of Montecito.
World leaders head for summit, euro zone in recession
 
Reuters - World leaders headed to Washington on Friday to try to find ways to tackle a global economic crisis that has plunged much of Europe into its first recession since the euro currency was formed.
Auto bankruptcy protection won't work: report
 
Reuters - A Chapter 11 restructuring bid by one of the three top U.S. automakers is unlikely to succeed due to the damaged economy and frozen credit markets, and may even result in the company folding, billionaire investor Wilbur Ross told Bloomberg in an interview.
Foreigners shot in Pakistan, U.S. missiles hit militants
 
Reuters - Militants shot and wounded two foreign journalists on the outskirts of Peshawar on Friday, and U.S. missiles killed 12 people in a strike on a Pakistani Taliban commander's stronghold in tribal lands bordering Afghanistan.
Wildfire devastates celebrity enclave near L.A.
 
Reuters - A huge wildfire fanned by strong winds destroyed at least 70 multimillion-dollar homes in the celebrity enclave of Montecito, northwest of Los Angeles, officials said.
U.S. wants to expand visa-free entry
 
Reuters - The United States wants to increase the number of countries enjoying visa-free entry after opening the door to citizens from six new European Union countries and South Korea, U.S. officials said Friday.
Recession adds to pressure on Washington crisis summit
 
AFP - Deepening recession and divisions over how to tackle the global financial turmoil increased pressure on world leaders Friday ahead of a summit of more than 20 of the richest nations and emerging countries.
Eurozone sinks into recession for first time
 
AFP - The economy of the 15 nations sharing the euro has slumped into recession for the first time ever, EU data released Friday revealed, with GDP falling 0.2 percent in the second and third quarters.
Retail sales fall by record 2.8 percent in October
 
WASHINGTON (Reuters) - Sales at retailers suffered a record decline in October, government data on Friday showed, as shoppers reined in spending with home prices falling, although plunging gasoline prices also reduced outlays by consumers.
Bernanke: Central banks ready to act if needed
 
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Friday central bankers around the world were ready to do more to ease severe credit market strains and support faltering economic growth.
Obama, McCain to meet Monday to talk cooperation
 
CHICAGO (Reuters) - U.S. President-elect Barack Obama will meet with his former rival, Republican Sen. John McCain, on Monday to talk about ways they can work together, an Obama spokeswoman said on Friday.
Foreigners shot in Pakistan, U.S. missiles hit militants
 
ISLAMABAD (Reuters) - Militants shot and wounded two foreign journalists on the outskirts of Peshawar on Friday, and U.S. missiles killed 12 people in a strike on a Pakistani Taliban commander's stronghold in tribal lands bordering Afghanistan.
Consumers cut back sharply on spending
 
AP - Consumers, taking a beating from the worst financial crisis in seven decades, cut back sharply on their spending in October, pushing retail sales down by a record amount.
Stocks open lower as investors refocus on economy
 
AP - Stocks are falling as Wall Street gives back some of its gains from Thursday's huge rally and investors refocus on their fears about the economy.
Fire destroys 100+ homes, injures 4 in SoCal town
 
AP - Firefighters were racing early Friday to push back a wind-whipped wildfire that destroyed at least 100 homes and a college dormitory, injured four people and forced thousands to flee the longtime celebrity hideaway of Montecito.
UN hands out food behind Congo's rebel lines
 
AP - Thousands of hungry and homeless lined up for food Friday deep in rebel-held territory in eastern Congo as the U.N. began its first large-scale delivery in the area since fighting broke out in late October.
Obama-McCain: New meeting set to bury campaign ax
 
AP - President-elect Barack Obama plans to meet with vanquished Republican rival John McCain on Monday in Chicago, his transition office announced Friday.
Retail sales fall by record 2.8 percent in October
 
Reuters - Sales at retailers suffered a record decline in October, government data on Friday showed, as shoppers reined in spending with home prices falling, although plunging gasoline prices also reduced outlays by consumers.
Bernanke: Central banks ready to act if needed
 
Reuters - Federal Reserve Chairman Ben Bernanke said on Friday central bankers around the world were ready to do more to ease severe credit market strains and support faltering economic growth.
Obama, McCain to meet Monday to talk cooperation
 
Reuters - U.S. President-elect Barack Obama will meet with his former rival, Republican Sen. John McCain, on Monday to talk about ways they can work together, an Obama spokeswoman said on Friday.
Retail sales in record fall, but sentiment up
 
WASHINGTON (Reuters) - Sales at U.S. retailers suffered a record decline in October as fears of recession sapped spending, but part of the drop was due to slumping gasoline prices, which helped buoy consumer confidence this month.
FDIC lays out broad home loan modification plan
 
WASHINGTON (Reuters) - The federal agency that insures most U.S. bank deposits unveiled a plan to prevent about 1.5 million home mortgage foreclosures by promising to share any losses with mortgage companies that agree to refinance certain home loans.
Europe in recession, U.S. in pain as world leaders meet
 
NEW YORK/LONDON (Reuters) - Europe officially fell into recession on Friday and the U.S. economy suffered further blows as world leaders headed to Washington to address the worst financial crisis in 80 years.
Bush names prosecutor as TARP inspector general
 
WASHINGTON (Reuters) - President George W. Bush intends to nominate Assistant U.S. Attorney Neil Barofsky to be the special inspector general for the Troubled Assets Relief Program at the Treasury Department, the White House said on Friday.
Raging Calif. fire destroys 100 homes, injures 13
 
AP - Firefighters and a squadron of aircraft launched a desperate daylight attack Friday to push back a wind-whipped wildfire that destroyed at least 100 homes and forced thousands to evacuate.
Missile strike on Pakistan tribal region kills 12
 
AP - A missile strike apparently by a U.S. drone hit a house in Pakistan's tribal region close to the Afghan border Friday, killing at least 12 people including several foreign militants, Pakistani intelligence officials said.
Stocks retreat as investors refocus on economy
 
AP - Wall Street retreated Friday from the previous session's big gains as investors digested more downbeat economic news and took little comfort from hints from that another interest rate cut might be possible. The Dow Jones industrials fell nearly 250 points.
34th child abandoned under Neb.'s safe-haven law
 
AP - A 5-year-old boy has been dropped off at an Omaha, Neb., hospital only a day before the state Legislature begins a meeting to change the state's safe-haven law.
Retail sales in record fall, but sentiment up
 
Reuters - Sales at U.S. retailers suffered a record decline in October as fears of recession sapped spending, but part of the drop was due to slumping gasoline prices, which helped buoy consumer confidence this month.
FDIC lays out broad home loan modification plan
 
Reuters - The federal agency that insures most U.S. bank deposits unveiled a plan to prevent about 1.5 million home mortgage foreclosures by promising to share any losses with mortgage companies that agree to refinance certain home loans.
Europe in recession, U.S. in pain as world leaders meet
 
Reuters - Europe officially fell into recession on Friday and the U.S. economy suffered further blows as world leaders headed to Washington to address the worst financial crisis in 80 years.
Bush names prosecutor as TARP inspector general
 
Reuters - President George W. Bush intends to nominate Assistant U.S. Attorney Neil Barofsky to be the special inspector general for the Troubled Assets Relief Program at the Treasury Department, the White House said on Friday.
Senate to take up auto bailout on Monday: Reid
 
WASHINGTON (Reuters) - The Senate plans to take up a $25 billion bill on Monday to bail out distressed domestic auto companies, but it is unclear if proponents can muster the necessary support.
Iraq improving but al Qaeda, Iran still threats: U.S.
 
UNITED NATIONS (Reuters) - Violence in Iraq has decreased sharply but al Qaeda, Iranian-backed fighters and other militants remain a serious threat, as this week's bomb attacks showed, Washington's U.N. envoy said on Friday.
Top central bankers say ready for more action
 
FRANKFURT (Reuters) - Global central banks are ready to take further steps to ease market tensions and bolster faltering economic growth, top policymakers said on Friday, as world leaders gathered for talks on the economic crisis.
Wildfire rages in California celebrity enclave
 
MONTECITO, California (Reuters) - A wind-driven brush fire in Southern California has gutted scores of luxury homes and injured 13 people in the seaside celebrity enclave of Montecito, officials said on Friday.
Small moves before world summit on financial fixes
 
AP - The United States and global financial officials took steps Friday aimed at preventing a repeat of the financial meltdown that has imperiled the global economy.
California governor declares emergency in wildfire
 
AP - Gov. Arnold Schwarzenegger has proclaimed a state of emergency in Santa Barbara County, where a wildfire has destroyed more than 100 homes.
Sarkozy: US missile shield won't help security
 
AP - French President Nicolas Sarkozy undercut the American rationale for a U.S. missile shield in Eastern Europe on Friday by saying that the system would do nothing to improve European security.
Senate will debate $25 billion auto bill Monday
 
AP - A bill to rescue the troubled auto industry with $25 billion in emergency loans inched forward Friday when Majority Leader Harry Reid said the Senate will begin debate Monday and hold a test vote two days later. Supporters scrambled for votes to break an expected filibuster.
Ann Dunwoody becomes first female four-star general
 
AP - Call it breaking the brass ceiling. Ann E. Dunwoody, after 33 years in the Army, ascended Friday to a peak never before reached by a woman in the U.S. military: four-star general.
Salvation Army testing plastic at red kettles
 
AP - It's a true season of change: The Salvation Army is experimenting with a plastic alternative for folks who don't have cash to throw in a holiday red kettle.
Senate to take up auto bailout on Monday: Reid
 
Reuters - The Senate plans to take up a $25 billion bill on Monday to bail out distressed domestic auto companies, but it is unclear if proponents can muster the necessary support.
Iraq improving but al Qaeda, Iran still threats: U.S.
 
Reuters - Violence in Iraq has decreased sharply but al Qaeda, Iranian-backed fighters and other militants remain a serious threat, as this week's bomb attacks showed, Washington's U.N. envoy said on Friday.
Top central bankers say ready for more action
 
Reuters - Global central banks are ready to take further steps to ease market tensions and bolster faltering economic growth, top policymakers said on Friday, as world leaders gathered for talks on the economic crisis.
Economic powers head to Washington for crisis summit
 
AFP - Leaders from the world's biggest economic powers gathered in Washington on Friday for a crisis summit to recast the global financial order as recession spreads to a growing number of countries.
FDIC, Treasury clash on anti-foreclosure plan
 
WASHINGTON (Reuters) - A top U.S. banking regulator unveiled a plan on Friday to prevent about 1.5 million foreclosures, breaking ranks with the Bush administration by demanding bailout funds be diverted from banks to consumers.
Senate to take up auto bailout on Monday
 
WASHINGTON (Reuters) - The U.S. Senate plans to take up a $25 billion bailout bill for distressed domestic automakers on Monday, but it remains unclear if proponents can muster the support necessary to pass the legislation.
Stocks fluctuate on more downbeat economic news
 
AP - Wall Street fluctuated in a choppy session Friday as investors absorbed another wave of downbeat economic news and took little solace from hints that an additional interest rate cut might be possible.
Obama and McCain to discuss ways to work together
 
AP - President-elect Barack Obama will meet Monday with John McCain in talks that Obama's transition office said would focus on ways they can cooperate on an array of troublesome issues facing the country. The meeting will be the first since Obama, the Democratic Illinois senator, beat McCain, the Arizona Republican senator, by an Electoral College landslide in the Nov. 4 election.
Firefighters race to stop blaze before winds erupt
 
AP - Firefighters struggled to get control of a raging wildfire Friday that destroyed more than 100 homes and injured 13 people in this Mediterranean-style coastal town that has been home to celebrities from Charlie Chaplin to Oprah Winfrey.
Ex-radical Ayers distances himself from Obama
 
AP - Vietnam-era radical Bill Ayers said Friday he doesn't know President-elect Barack Obama any better than 'thousands of other Chicagoans' and the two never talked about Ayers' anti-war activities. In a television interview on ABC's 'Good Morning America,' the college professor disputed the contention that in the new afterword of a paperback edition of his 2001 memoir 'Fugitive Days' he describes he and Obama as 'family friends.'
Neb. lawmakers focus on fixing safe-haven law
 
AP - Nebraska officials geared up Friday for a special legislative session designed to deal with a unique 'safe haven' law whose unintendend consequences have allowed parents to abandon nearly three dozen children as old as 17.
Indictment drafted against Blackwater guards
 
AP - Federal prosecutors have drafted an indictment against six Blackwater Worldwide security guards in last year's deadly Baghdad shootings of 17 Iraqi civilians, The Associated Press has learned. The draft is being reviewed by senior Justice Department officials but no charging decisions have been made. A decision is not expected until at least later this month, people close to the case said.
Murray ousts Federer from Masters Cup
 
AP - Roger Federer was tired, his back was aching and he trailed 3-0 in the deciding set. Still, he wasn't about to end his pursuit of a fifth Masters Cup title.
FDIC, Treasury clash on anti-foreclosure plan
 
Reuters - A top U.S. banking regulator unveiled a plan on Friday to prevent about 1.5 million foreclosures, breaking ranks with the Bush administration by demanding bailout funds be diverted from banks to consumers.
Senate to take up auto bailout on Monday
 
Reuters - The U.S. Senate plans to take up a $25 billion bailout bill for distressed domestic automakers on Monday, but it remains unclear if proponents can muster the support necessary to pass the legislation.
Top Iraq official upbeat over US, British pull-out pacts
 
AFP - Iraq is likely to approve a military pact with a timetable for the withdrawal of all US troops by 2011 and British troops will leave by the end of next year, Iraq's national security adviser said Friday.
Wall Street sells off as consumers snap wallets shut
 
NEW YORK (Reuters) - U.S. stocks fell on Friday after a record drop in retail sales last month heightened fears that American consumers' reluctance to spend will push the economy into an even deeper downturn than currently expected.
Bush wants $25B in loans released to carmakers
 
AP - The White House on Friday threw its support behind a plan to speed release of $25 billion in existing loans to the Big Three automakers but rejected a Democratic proposal to use money from a financial bailout to help the troubled industry.
Audit: Sharpton campaign owes US nearly $500,000
 
AP - Federal auditors have concluded the Rev. Al Sharpton's 2004 campaign owes the government nearly $500,000 for illegal donations and other financial improprieties.
Crew boards shuttle Endeavour for evening launch
 
AP - Space shuttle Endeavour stood poised with its crew at the launch pad Friday for an evening flight to the international space station and a home remodeling project by astronauts doubling as kitchen and bathroom installers.
Tampa Bay Lightning fire Melrose as coach
 
AP - Barry Melrose's return to the NHL as coach of the Tampa Bay Lightning lasted 16 games. Now the job belongs to assistant Rick Tocchet.
Wall Street sells off as consumers snap wallets shut
 
Reuters - U.S. stocks fell on Friday after a record drop in retail sales last month heightened fears that American consumers' reluctance to spend will push the economy into an even deeper downturn than currently expected.
Senate to take up auto bailout, Bush offers plan
 
WASHINGTON (Reuters) - The U.S. Senate plans to take up a proposal to bailout distressed automakers, while the White House on Friday warned of partisan gridlock and recommended another route to get billions to Detroit fast.
Obama, Clinton discussed secretary of state job
 
CHICAGO (Reuters) - U.S. Sen. Hillary Clinton left the door open to becoming secretary of state on Friday, a day after a meeting with President-elect Barack Obama at which a Democratic official said they discussed the job.
Court to decide anti-Hillary Clinton movie case
 
WASHINGTON, Nov 14 Reuters - The U.S. Supreme Court agreed on Friday to rule on a new challenge to the federal campaign finance law by a conservative group that wants to broadcast and promote a movie critical of Democratic Sen. Hillary Clinton.
Obama weighs Clinton, Richardson as sec. of state
 
AP - President-elect Barack Obama is considering primary election rivals Hillary Rodham Clinton and Bill Richardson to be his secretary of state, according to Democratic officials who revealed his secret meetings with both as he weighed the decision on folding former foes into his new administration.
Obama has more threats than other presidents-elect
 
AP - Threats against a new president historically spike right after an election, but from Maine to Idaho law enforcement officials are seeing more against Barack Obama than ever before.
Retail sales sink as Dems seek auto industry loans
 
AP - The worst monthly drop on record for retail sales set off new alarm bells about the economy Friday, stepping up pressure on policymakers to figure out how to combat what increasingly looks to be a severe recession. Confronting opposition by the Bush administration, Democrats in Congress said they would try next week to pass $25 billion in emergency loans for the auto industry, so wobbly that one or more of Detroit's Big Three could go under.
Neb. starts work on fixing child abandonment law
 
AP - Nebraska lawmakers got to work Friday in a rare special legislative session designed to repair a unique 'safe haven' law that has unintentionally allowed parents to abandon nearly three dozen children as old as 17.
Firefighters overwhelmed by raging Calif. wildfire
 
AP - Firefighters struggled Friday against an out-of-control wildfire that destroyed at least 100 homes in a wealthy, celebrity-studded enclave, flaring up so fast that it caught some terrified residents behind the automatic gates of their mansions.
Northeast lawmakers want Lieberman ousted as chair
 
AP - Connecticut Sen. Joe Lieberman's chances of holding onto his committee chairmanship suffered a blow Friday when two key New England Democratic senators came out against him.
Source: Yankees to make CC Sabathia big offer
 
AP - Free-agent season opened Friday with the New York Yankees planning to give CC Sabathia a record offer for a pitcher. The Yankees formulated a proposal to the big lefty that would exceed Johan Santana's $137.5 million, six-year contract with the New York Mets both in total and average, a baseball official familiar with the negotiations said. He spoke on condition of anonymity because he was not authorized to divulge details.
Senate to take up auto bailout, Bush offers plan
 
Reuters - The U.S. Senate plans to take up a proposal to bailout distressed automakers, while the White House on Friday warned of partisan gridlock and recommended another route to get billions to Detroit fast.
Obama, Clinton discussed secretary of state job
 
Reuters - U.S. Sen. Hillary Clinton left the door open to becoming secretary of state on Friday, a day after a meeting with President-elect Barack Obama at which a Democratic official said they discussed the job.
Economic powers gather in Washington for crisis summit
 
AFP - Leaders from the world's biggest economic powers gathered in Washington on Friday for a crisis summit to reshape the global financial order as recession spreads to a growing number of countries.
Shuttle blasts off on space station mission
 
CAPE CANAVERAL, Florida (Reuters) - The U.S. space shuttle Endeavour soared off its seaside launch pad on Friday on a mission to upgrade the International Space Station for an expanded six-person crew.
Obama faces more personal threats than other presidents-elect
 
AP - Threats against a new president historically spike right after an election, but from Maine to Idaho law enforcement officials are seeing more against Barack Obama than ever before.
Econ summit opens: Big ideas, modest action seen
 
AP - World leaders launched extraordinary summit talks on the global economic crisis Friday, preparing to adopt a modest action plan that leans more on the U.S. approach of boosting oversight of shaky financial markets than the European desire to increase regulation.
Firefighters battling Calif. blaze at wind's mercy
 
AP - Firefighters were holding their own Friday against a wildfire that destroyed more than 100 homes in a wealthy, celebrity-studded enclave, but authorities warned that evening wind gusts could send the blaze on another destructive sprint.
Space shuttle Endeavour blasts into night sky
 
AP - Space shuttle Endeavour and a crew of seven blasted into the night sky Friday, bound for the international space station and the most extreme home makeover project ever attempted by astronauts. The shuttle rose off its launch pad at 7:55 p.m. EST, right on time, in a brilliant flash of light visible for miles around.
Ex-'Soul Train' host Cornelius charged in disputes
 
AP - The Los Angeles city attorney has charged Don Cornelius, former host of 'Soul Train,' in connection with two domestic incidents involving his wife last month. Cornelius was charged with spousal battery, assault with a deadly weapon and dissuading a witness from making a police report, all misdemeanors, city attorney spokesman Frank Mateljan said Friday.
Source: Yankees to make CC Sabathia a record offer
 
AP - Free-agent season opened Friday with the New York Yankees planning to give CC Sabathia a record offer for a pitcher. The Yankees formulated a proposal to the big lefty that would exceed Johan Santana's $137.5 million, six-year contract with the New York Mets both in total and average, a baseball official familiar with the negotiations said. He spoke on condition of anonymity because he was not authorized to divulge details.
Shuttle blasts off on space station mission
 
Reuters - The U.S. space shuttle Endeavour soared off its seaside launch pad on Friday on a mission to upgrade the International Space Station for an expanded six-person crew.
Economic powers launch Washington crisis summit
 
AFP - Leaders from the world's biggest economic powers grappled with how to restore lasting stability to the shell-shocked international financial system as a crisis summit in Washington got underway.
Laid-off Silicon Valley worker kills three: police
 
SAN FRANCISCO (Reuters) - A man laid off recently from his job in Silicon Valley shot and killed three people, believed to be former co-workers, at an office park on Friday, police in the ailing U.S. technology hub said.
Fidel Castro sees little change under Obama
 
HAVANA (Reuters) - Without naming U.S. President-elect Barack Obama, former Cuban leader Fidel Castro cast doubt on Friday on the possibility that a new president would bring much change in U.S. policy.
World leaders move toward tougher financial rules
 
AP - World leaders prepared Friday to adopt an early warning system for financial calamities, a commitment to tougher accounting rules and other modest steps to try to prevent future crises like the one now threatening the livelihoods of billions of people around the globe.
Wind cooperates with firefighters on Calif. blaze
 
AP - A fire official says 111 homes have been confirmed destroyed in a celebrity-studded enclave of Northern California, and the burned area has expanded to 1,800 acres.
Lucky man survives after being run over by train
 
AP - Talk about being lucky — a north Alabama man is alive after being run over by a train on Thursday afternoon. Huntsville Fire and Rescue officials said a train engineer spotted 61-year-old Arnold Romine lying across railroad ties. Witnesses said the conductor sounded the horn and tried to stop the train.
Steinbrenner: Yanks make offer to CC Sabathia
 
AP - Joe Girardi said this week he'd enjoy showing free agents around the new Yankee Stadium. CC Sabathia is one of the players the New York manager has in mind for a tour of the spacious clubhouse, players lounge, indoor batting cage and underground hot tub.
Laid-off Silicon Valley worker kills three: police
 
Reuters - A man laid off recently from his job in Silicon Valley shot and killed three people, believed to be former co-workers, at an office park on Friday, police in the ailing U.S. technology hub said.
Taiwan's former first lady questioned in graft probe
 
AFP - Taiwanese prosecutors on Saturday questioned former president Chen Shui-bian's wife in a corruption probe, days after the ex-leader was detained in connection with the same case.

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